June 22, 2016/NSE The Federal Ministry of Agriculture and Rural Development (FMARD) has agreed that Union Dicon Salt Plc will replace Cargill as the core investor in the $100m Alape Staple Crop Processing Zone in Kogi State. This was the high point of the meeting of the Honourable Minister of […]
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Egypt’s EFG-Hermes to return $122 mln to shareholders
Sun Jun 12, 2016/Reuters Egypt’s EFG-Hermes plans to distribute 1.08 billion Egyptian pounds ($122 million) to shareholders and step up its growth strategy after selling a 40 percent stake in Lebanese lender Credit Libanais, it said on Sunday. Having completed the $310 million stake sale last week, Egypt’s largest investment […]
Asia stocks plummet, yen soars as risk aversion grips markets
Mon Jun 13, 2016/Reuters By Saikat Chatterjee HONG KONG (Reuters) – Asian stocks fell the most in more than four months and the Japanese yen jumped on Monday as risky assets took a hammering before key central bank meetings this week and while investors await Britain’s stay-or-go referendum on European […]
